Pound dips after British jobs data, dollar near five-week top
The pound dropped on Tuesday after a rise in Britain’s jobless numbers suggested fewer Bank of England rate increases could be needed in the coming months to bring down ...
Articles
Tesla’s new car-making process stokes debate among industry experts
Tesla Inc’s (TSLA.O) new vehicle-assembly system, which created instant buzz when it was unveiled in March, ignited a debate among auto manufacturing experts on whether CEO Elon Musk’...
How Wall Street is preparing for possible US debt default
As talks over raising the US government’s $31.4 trillion debt ceiling intensify, Wall Street banks and asset managers have begun preparing for the fallout from a potential default.
The financial ...
Burundi-born ex-police officer seeks to be Greece’s first Black lawmaker
In working-class neighbourhoods on the outskirts of Athens, Spiros Richard Hagabimana is going door-to-door in an election campaign that could see him become Greece’s first Black lawmaker.
It is ...
Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit by US Virgin Islands
The US Virgin Islands has subpoenaed Tesla Inc (TSLA.O) CEO Elon Musk for documents in its lawsuit accusing JPMorgan Chase & Co (JPM.N) of helping enable sexual abuses ...
Milan’s Leao set to return for semi-final decider
AC Milan forward Rafael Leao could be fit to face Inter Milan in their Champions League semi-final second leg, manager Stefano Pioli said on Monday, providing a major boost to ...
Klopp urges Liverpool to keep pressure on after win at Leicester
Liverpool manager Juergen Klopp urged his team to keep the pressure on their Premier League rivals in the last two games of the season as they make a late charge ...
Borrell urges EU to crack down on imports of Indian fuels made with Russian oil
The European Union should crack down on India reselling Russian oil into Europe as refined fuels including diesel, the EU’s high representative for foreign policy, Josep Borrell, said in ...
US special counsel faults FBI’s handling of 2016 Trump-Russia probe
The FBI lacked “actual evidence” to investigate Donald Trump’s 2016 presidential campaign and relied too heavily on tips provided by Trump’s political opponents to fuel the probe, U.S. ...
Teen gunman kills 3, wounds 6 in New Mexico before police shoot him dead
An 18-year-old gunman stalked through a New Mexico neighborhood on Monday firing randomly at bystanders, houses and cars, killing three people and wounding six before police shot him dead outside ...
Washington is determined to govern AI, but how?
US lawmakers are grappling with what guardrails to put around burgeoning artificial intelligence, but months after ChatGPT got Washington’s attention, consensus is far from certain.
Interviews with a US ...
North Korean hackers stole $721 million in cryptocurrency from Japan
Hacker groups affiliated with North Korea have stolen $721 million worth of cryptocurrency assets from Japan since 2017, the Nikkei business daily reported on Monday, citing a study by UK blockchain analysis ...
Turkish pollsters failed to predict outcome, in shock for markets and voters
The result of Turkey’s presidential vote bore no resemblance to pollsters’ forecasts which pointed to the opposition candidate in the lead, compounding the surprise for markets and voters alike ...
Vice Media files for Chapter 11 bankruptcy to facilitate sale
Vice Media Group, popular for websites such as Vice and Motherboard, filed for bankruptcy protection on Monday to engineer its sale to a group of lenders, capping years of financial ...
Ukraine hails gains in Bakhmut as Zelenskiy wins more arms in Europe
Ukraine on Monday hailed its first substantial battlefield advances for six months as President Volodymyr Zelenskiy won pledges of new long-range drones in Britain to add to a haul of ...
Kremlin, mercenary boss dismiss report Wagner offered to betray Russian troops
The head of Russia’s Wagner private army dismissed a U.S. newspaper report on Monday that he had offered to betray Russian positions, and the Kremlin called it a “...
Oil falls as economic concerns offset prospect of tighter supplies
Oil prices slipped on Monday as concerns about fuel demand in top global oil consumers United States and China offset bullish sentiment about tightening supplies from any OPEC+ cuts and ...
Why US regional banks are doomed to a doom loop
Banking regulators have been pushed by market volatility in recent weeks into doing things that they haven’t really wanted to do, like letting the largest US bank get even ...
Nationalised German energy firms pay traders big bonuses after losing billions
German energy firms Sefe and Uniper (UN01.DE) have awarded some traders millions of dollars in bonuses for 2022, four sources familiar with the matter said, just months after the companies ...
Israeli forces kill Palestinian man in West Bank raid
Israeli forces shot dead a Palestinian man during a raid in the city of Nablus early on Monday, the Palestinian health ministry said, the latest incident in more than a ...
Turkey faces election runoff, Erdogan seen with momentum
President Tayyip Erdogan’s opponents face an uphill struggle to end his two-decade rule of Turkey in a runoff vote on May 28 after he performed better than predicted in a ...
Europe’s gas prices slide on swollen inventories
Europe has made a relatively slow start to rebuilding gas inventories but stocks were so high at the end of last winter that storage sites are still on course to ...
‘Godfather of Poker’ Doyle Brunson dies at 89
Doyle Brunson, known as the ‘Godfather of Poker’ for his hard-earned legacy in the game, died aged 89 in Las Vegas on Sunday, according to a family statement shared by Brunson’...
Winning LaLiga vital for Barca’s long-term project – Xavi
Barcelona coach Xavi Hernandez said it was a “magnificent feeling” as he clinched his first LaLiga title as manager of the club where he won eight as a player, ending ...